Pivot: 1.0885
Our preference: Long positions above 1.0885 with targets @ 1.096 1.099 in extension.
Alternative scenario: Below 1.0885 look for further downside with 1.0845 1.081 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.101
1.099
1.096
1.0908 Last
1.0885
1.0845
1.081
Copyright 1999 – 2014 TRADING CENTRAL